Transactions | Sep 25, 2024 PGIM Real Estate provides over €300m to finance geographically diversified logistics portfolio across Germany by Released PGIM Real Estate has provided a senior loan of more than €300 million ($334 million) to a European logistics platform to finance a portfolio across Germany on behalf of its European Core Debt investment strategy.
Transactions | Sep 25, 2024 LondonMetric Property Plc buys U.K. logistics portfolio from pension fund by Released LondonMetric Property Plc has made an off-market acquisition of six single-let urban logistics properties in the United Kingdom for £78 million ($104 million) from a FSTE 100 pension fund.
People | Sep 25, 2024 CenterSquare hires Robert Glenn III as managing director in capital markets group by Released CenterSquare Investment Management has hired Robert (BJ) Glenn III as a managing director in the firm’s capital markets group.
Investors | Sep 24, 2024 3650 REIT secures $430m in commitments from Temasek, CalSTRS by Released 3650 REIT has secured nearly $430 million in capital commitments.
Investors | Sep 24, 2024 ADIA subsidiary funds SC Lowy’s Korean private credit strategy by Andrea Zander SC Lowy has secured a commitment from a subsidiary of the Abu Dhabi Investment Authority (ADIA) to fund its South Korea private credit strategy.
Fundraising | Sep 24, 2024 Panattoni launches €600m European logistics income fund by Andrea Zander Panattoni has launched a pan-European fund, which will invest in modern, sustainable, income-producing logistics properties.
Investors | Sep 24, 2024 Neinor Homes forms JV with Bain Capital by Released Neinor Homes, a residential property developer in Spain, has reached an agreement with Merak IMS, S.L.
People | Sep 24, 2024 Eric Adler joins L&G as CEO of asset management by Released Legal & General Group has appointed Eric Adler as CEO of asset management.
People | Sep 24, 2024 Londonmetric appoints CIO by Released LondonMetric Property Plc has appointed Darren Richards to the newly created role of CIO.
Transactions | Sep 24, 2024 Lincoln Property forms strategic partnership to own and operate Manhattan's premier medical office building by Released Blue Arch Capital, Lincoln Property Co. and LoanCore Capital have formed a strategic partnership.
Investors | Sep 24, 2024 ERS Texas Trust Fund investments surpass $40b by Kali Persall The investments of the Employees Retirement System of Texas Trust Fund have surpassed the $40 billion threshold for the first time, due to strong support from the Texas Legislature.
People | Sep 24, 2024 CapitaLand Investment makes key management appointments for private funds by Kali Persall CapitaLand Investment has announced several key executive appointments.
Research | Sep 24, 2024 Walker & Dunlop’s seniors housing report shows growth, investment opportunities and increased demand by Released By 2050, it is projected that one in five Americans will be 65 or older, up from 17 percent in 2020. This increase will significantly boost demand for seniors housing, creating both opportunities and challenges for industry stakeholders, according to Walker & Dunlop in its published seniors housing outlook, Navigating Growth, Innovation, and Investment in a Transforming Market.
Investors | Sep 24, 2024 CDPQ launches a platform focused on U.S. forestland and invests in Chinook Forest Partners by Released CDPQ, a global investment group, and Chinook Forest Partners, a natural capital investment manager, have launched a new investment platform that will deploy significant capital to build a diversified and high-quality portfolio of forestland in the Pacific Northwest region of the United States.
Transactions | Sep 23, 2024 MEAG in cooperation with CBRE Investment Management acquire trophy property in Washington, D.C. by Released MEAG, Munich Re’s asset manager, in cooperation with CBRE Investment Management, has acquired the Westlight Apartments.
Princeton Digital Group unveils major India expansion taking total capacity to 230MW in Mumbai and Chennai by Released Princeton Digital Group (PDG) has unveiled its major growth plan for India by expanding capacity to a total of 230 megawatts in the country, driving an investment program of approximately $1 billion in India. This is part of PDG’s new $5 billion investment program for AI-ready data centers in Asia
Investors | Sep 23, 2024 Nest, L&G and PGGM form $1.33b U.K. build-to-rent partnership by Andrea Zander Nest, the U.K. pension scheme managing £43 billion ($57billion) of assets on behalf of a third of the U.K. workforce, has formed a new partnership with Legal & General and PGGM, collectively investing up to £1 billion ($1.33 billion) into build-to-rent schemes across the United Kingdom.
Transactions | Sep 23, 2024 Crosstree Real Estate Partners and Bloom create $266m JV by Andrea Zander Crosstree Real Estate Partners and Bloom have made the first acquisition for their new £200 million ($266 million) last-mile, industrial and logistics joint venture, according to media outlets.
Research | Sep 23, 2024 Cushman & Wakefield releases in-depth report providing blueprint to reimagine cities by Released Cushman & Wakefield has released Reimagining Cities: Disrupting the Urban Doom Loop, an in-depth research report that puts 15 U.S. cities under the microscope to identify the real estate portfolios that cities currently have versus what they need, given how much the economy has changed post-pandemic.
Transactions | Sep 23, 2024 Blackstone Real Estate sells G6 Hospitality for $525m by Andrea Zander Oravel Stays has agreed to acquire G6 Hospitality.